diff --git a/package.json b/package.json
index 8f82e15bd..3064d693d 100644
--- a/package.json
+++ b/package.json
@@ -130,4 +130,4 @@
     ],
     "testTimeout": 30000
   }
-}
+}
\ No newline at end of file
diff --git a/scripts/register-asset.ts b/scripts/register-asset.ts
new file mode 100644
index 000000000..a318e73fe
--- /dev/null
+++ b/scripts/register-asset.ts
@@ -0,0 +1,148 @@
+/* eslint @typescript-eslint/no-var-requires: "off" */
+import { createSubstrateAPI } from "../src/factory";
+import { ApiPromise } from "@polkadot/api";
+import { cryptoWaitReady } from "@polkadot/util-crypto";
+import { printDiscordProposal } from "./util";
+
+main().catch((err) => {
+    console.log("Error thrown by script:");
+    console.log(err);
+});
+
+const NEW_ASSET = {
+    // this is the metadata for the new asset to register
+    metadata: {
+        decimals: 6,
+        name: "USD Coin",
+        symbol: "USDC",
+        existentialDeposit: 0,
+        location: {
+            V3: {
+                parents: 1,
+                interior: {
+                    X3: [
+                        {
+                            Parachain: 1000
+                        },
+                        {
+                            PalletInstance: 50
+                        },
+                        {
+                            GeneralIndex: 1337
+                        }
+                    ]
+                }
+            }
+        },
+        additional: { feePerSecond: 11888560, coingeckoId: "usd-coin" }
+    },
+    // adds `DexGeneral` pools (uniswap v2) for the asset
+    pools: [
+        {
+            token1: { Token: "INTR" },
+            dexFees: 100,
+        },
+    ],
+    // adds a market to the `Loans` pallet
+    market: {
+        collateralFactor: 650000, // 65%
+        liquidationThreshold: 870000, // 87%
+        reserveFactor: 100000,  // 10%
+        closeFactor: 500000, // 50%
+        liquidateIncentive: "1100000000000000000", // 110%
+        liquidateIncentiveReservedFactor: 0,
+        rateModel: {
+            Jump: {
+                baseRate: 0,
+                jumpRate: "100000000000000000", // 10%
+                fullRate: "500000000000000000", // 50%
+                jumpUtilization: 800000 // 80%
+            }
+        },
+        state: "Pending",
+        supplyCap: "2000000000000", // 2,000,000
+        borrowCap: "2000000000000", // 2,000,000
+        lendTokenId: { LendToken: 5 }, // NOTE: make sure this is free
+        supplyIncentivesPerBlock: 0
+    },
+    // adds vault thresholds for asset
+    vaultParams: {
+        wrappedCurrency: { Token: "IBTC" },
+        liquidationCollateral: "1050000000000000000", // 105%
+        premiumRedeem: "1150000000000000000", // 115%
+        secureCollateral: "1550000000000000000", // 155%
+        minimumCollateral: "1550000000", // 1550 USDC
+        systemCollateralCeiling: "2000000000000", // 2,000,000 USDC
+    },
+    // adds vault thresholds for `Loans` asset
+    lendVaultParams: {
+        wrappedCurrency: { Token: "IBTC" },
+        liquidationCollateral: "1050000000000000000", // 105%
+        premiumRedeem: "1150000000000000000", // 115%
+        secureCollateral: "1550000000000000000", // 155%
+        minimumCollateral: "77500000000", // 1550 USDC = 77,500 qUSDC
+        systemCollateralCeiling: "75000000000000", // 1,500,000 USDC = 75,000,000 qUSDC
+    }
+};
+
+function vaultRegistryCalls(
+    api: ApiPromise,
+    collateralCurrency: { ForeignAsset: number } | { LendToken: number },
+    vaultParams: any,
+) {
+    const {
+        wrappedCurrency,
+        liquidationCollateral,
+        premiumRedeem,
+        secureCollateral,
+        minimumCollateral,
+        systemCollateralCeiling
+    } = vaultParams;
+    const currencyPair = {
+        collateral: collateralCurrency,
+        wrapped: wrappedCurrency,
+    };
+    return [
+        api.tx.vaultRegistry.setLiquidationCollateralThreshold(currencyPair, liquidationCollateral),
+        api.tx.vaultRegistry.setPremiumRedeemThreshold(currencyPair, premiumRedeem),
+        api.tx.vaultRegistry.setSecureCollateralThreshold(currencyPair, secureCollateral),
+        api.tx.vaultRegistry.setMinimumCollateral(currencyPair.collateral, minimumCollateral),
+        api.tx.vaultRegistry.setSystemCollateralCeiling(currencyPair, systemCollateralCeiling),
+    ];
+}
+
+async function main(): Promise<void> {
+    await cryptoWaitReady();
+
+    const parachainEndpoint = "wss://api.interlay.io/parachain";
+    const paraApi = await createSubstrateAPI(parachainEndpoint);
+
+    const lastAssetId = await paraApi.query.assetRegistry.lastAssetId();
+    const nextAssetId = lastAssetId.toNumber() + 1;
+    const currencyId = { ForeignAsset: nextAssetId };
+
+    const allCalls = [
+        paraApi.tx.assetRegistry.registerAsset(NEW_ASSET.metadata, nextAssetId)
+    ];
+
+    allCalls.push(...NEW_ASSET.pools.map(pool =>
+        paraApi.tx.dexGeneral.createPair(currencyId, pool.token1, pool.dexFees)
+    ))
+
+    allCalls.push(...[
+        paraApi.tx.loans.addMarket(currencyId, NEW_ASSET.market),
+        paraApi.tx.loans.activateMarket(currencyId)
+    ]);
+
+    allCalls.push(...vaultRegistryCalls(paraApi, currencyId, NEW_ASSET.vaultParams));
+
+    const lendCurrencyId = NEW_ASSET.market.lendTokenId;
+    allCalls.push(...vaultRegistryCalls(paraApi, lendCurrencyId, NEW_ASSET.lendVaultParams));
+
+    const batched = paraApi.tx.utility.batchAll(allCalls);
+
+    const title = `Register ${NEW_ASSET.metadata.symbol}`;
+    printDiscordProposal(title, batched, parachainEndpoint, paraApi);
+
+    await paraApi.disconnect();
+}
diff --git a/tsconfig.json b/tsconfig.json
index a9c4daef7..bbb16a4a1 100644
--- a/tsconfig.json
+++ b/tsconfig.json
@@ -2,7 +2,6 @@
     "extends": "./tsconfig-base.json",
     "compilerOptions": {
         "target": "ES6",
-        "module": "ES6",
-        "outDir": "build/esm",
+        "module": "CommonJS",
     }
-}
+}
\ No newline at end of file